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50 Céntimos Ciudad Real

Issuer Ciudad Real, Municipality of
Year 1937
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Size 85 × 55 mm
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Obverse description Light brown note with a geometric guilloche border framing the entire face. At centre, the crowned local coat of arms is set within a circular medallion surrounded by a star motif. Inscriptions above and below identify the issuing authority and denomination.
Obverse lettering EL CONSEJO MUNICIPAL DE CIUDAD REAL pagará al portador CINCUENTA CENTIMOS Emisión 1937.
(Translation: The Municipal Council of Ciudad Real will pay the bearer Fifty Centimos Issue 1937.)
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Comments

One of hundreds of emergency municipal issues produced across Republican-held Spain during the Civil War, this note exists because the central government was unable to maintain adequate coin supply to the provinces. Small change effectively disappeared from circulation as silver was hoarded and copper coinage proved insufficient — municipalities, cooperatives, and even individual businesses stepped in to fill the gap with locally produced fractional paper.

Ciudad Real remained under Republican control until late March 1939. Notes from this series were rendered worthless almost immediately upon Nationalist occupation, which is why surviving examples in any condition tend to show little sign of heavy use.

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